USTR Extends Deadline for 10% Section 301 Tariffs to June 15

Chinese imports subject to the third tranche of Section 301 tariffs that were on the water as of May 10 will stay at the 10 percent tariff rate through June 15. Originally, the tariffs were set to rise to 25 percent for entries on or after June 1. There will be a notice in the Federal Register next week, USTR said after hours May 31. "This limited extension will further account for customs enforcement factors and the transit time between China and the United States by sea," the press release said.